Posted 6 weeks ago

Senior Catastrophe Modelling Analyst

14101 Arch Europe Insurance Services Ltd United Kingdom, London, United Kingdom
Onsite Full Time

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Role Summary and Purpose Arch is made up of 2 Lloyd’s syndicates (2012 and 1955) and a Company portfolio. This role is responsible for the management and modelling of the Political Violence and Political Risk Non-Natural Catastrophe portfolio, including Terrorism, War, and associated perils. This includes a direct Terrorism class of business and political violence exposures included in other portfolios. Produce monthly classes of business reports for the Terrorism class and assist with the monthly roll-ups for internal/external reporting. Underwriting requests for additional information. Developing and enhancing the analytics for this division. Ensuring the timely and accurate capture of data by our third-party outsourcer. Communicate with underwriters to ensure the smooth operation of Exposure Management reporting within the business, including presenting outputs, explaining movements, and seeking sign-off for internal and external reporting metrics. Making improvements to the data and analytics for Political Violence, communicating with stakeholders on key metrics and completeness of the portfolio, and driving forward the development of the Non-Natural Catastrophe Exposure Management framework within Arch. Ad hoc projects such as tool and model validation and process automation Key Tasks and

Responsibilities

Lead analyst for Political Violence and Political Risk reporting across key classes of business. Responsibility for managing all aspects of these portfolios for exposure management and catastrophe analytics purposes, with internal assistance and our outsourcer. Analysis of monthly variances and ensuring good data governance within Arch portfolios. Preparing data for key stakeholders including Group reporting and outwards reinsurance purchasing for multiple Arch entities. Internal and external reporting Support during Event Response. Completing ad hoc requests from underwriters to assist with pricing and monitoring of risk. Ad hoc requests from the Catastrophe Managers and Head of Department Role

Requirements

& Skills Good understanding of Exposure Management and modelling Strong understanding of Insurance gained in a relevant industry role. Practical knowledge of insurance policies.

Experience

within non-natural catastrophe classes advantageous, particularly Terrorism. Ability to communicate complex Exposure Management concepts to a non-technical audience. Proven organisational and workload management skills. Strong Problem-Solving skills and keen attention to detail. Excellent IT skills, including programming skills (eg. Excel, VBA and SQL) Analytical/technical mindset. Strong drive to develop Exposure Management practices and processes Qualifications/

Experience

5+ years experience in Insurance

Experience

working in a similar role, in a Lloyd’s syndicate or similar.

Experience

with Exposure Management approaches, including modelling and scenario calculation. Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team. 14101 Arch Europe Insurance Services Ltd Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career. Attention Job Seekers: Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously. Please be vigilant to fraudulent activity if you receive a communication or email asking you to submit any personal information. Do not send money or pass any details to someone suggesting they can provide employment with Arch. You should only enter your information into our official career portal. Please know the following about our interviewing and hiring practices. We never make job offers without a formal, in person, interview process. We never ask you to send money of any kind.

Skills and functions

  • Human Resources
  • Sql